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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
ASSETS    
Cash and due from banks $ 88,705 $ 65,556
Interest-bearing deposits in banks 67,906 14,521
Total cash & cash equivalents 156,611 80,077
Securities available-for-sale 599,333 600,799
Loans and leases:    
Gross loans and leases 2,212,097 1,762,565
Allowance for loan and lease losses (13,560) (9,923)
Deferred loan and lease (fees) costs, net (2,617) 2,896
Net loans and leases 2,195,920 1,755,538
Foreclosed assets 2,893 800
Premises and equipment, net 27,779 27,435
Goodwill 27,357 27,357
Other intangible assets, net 4,844 5,381
Bank-owned life insurance 51,347 50,517
Other assets 43,960 45,915
Total assets 3,110,044 2,593,819
Deposits:    
Non-interest bearing 949,662 690,950
Interest bearing 1,557,092 1,477,424
Total deposits 2,506,754 2,168,374
Repurchase agreements 41,449 25,711
Short-term borrowings 163,000 20,000
Subordinated debentures, net 35,035 34,945
Other liabilities 36,373 35,504
Total liabilities 2,782,611 2,284,534
Commitments and contingent liabilities (Note 7)
Shareholders' equity    
Common stock, no par value; 24,000,000 shares authorized; 15,192,838 and 15,284,538 shares issued and outstanding at June 30, 2020 and December 31, 2019, respectively 112,645 113,179
Additional paid-in capital 3,462 3,307
Retained earnings 195,147 186,867
Accumulated other comprehensive gain (loss), net 16,179 5,932
Total shareholders' equity 327,433 309,285
Total liabilities and shareholder's equity $ 3,110,044 $ 2,593,819